News

Prime Minister Narendra Modi will launch the Research Development and Innovation (RDI) Scheme fund of Rs 1 lakh crore on Monday to boost the research and development ecosystem in the country. PM will inaugurate the Emerging Science and Technology Innovation Summit (ESTIC) 2025 at the Bharat Mandapam here and also address the gathering on the occasion.

The objective of the RDI Scheme Fund is to promote the private sector-driven research and development ecosystem in the country.

The 'ESTIC 2025' conclave, to be held from November 3 to 5, will attract over 3,000 participants from academia, research institutes, industry and government, as well as Nobel laureates, eminent scientists, innovators and policymakers.

According to a statement by the Prime Minister's Office (PMO), deliberations will focus on 11 key thematic areas, including Advanced Materials and Manufacturing, Artificial Intelligence, Bio-Manufacturing, Blue Economy, Digital Communications, Electronics and Semiconductor Manufacturing, Emerging Agriculture Technologies, Energy, Environment and Climate, Health and Medical Technologies, Quantum Science and Technology, and Space Technologies.

“ESTIC 2025 will feature talks by leading scientists, panel discussions, presentations and technology showcases, providing a platform for collaboration among researchers, industry and young innovators to strengthen India's science and technology ecosystem,” the statement added.

According to Dr Jitendra Singh, Union Minister of State (Independent Charge) for Science and Technology, 'ESTIC 2025' is a platform for young innovators, startups and researchers to showcase innovative solutions, get guidance and connect with industry and stakeholders.

'ESTIC 2025' is designed as an outcome-oriented platform that celebrates stakeholder contributions while fostering collaboration between researchers, entrepreneurs, industry and funding bodies.

With IANS Inputs